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FTAI AVIATION SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against FTAI Aviation Ltd. – FTAI
FTAI AviationFTAI Aviation(US:FTAI) GlobeNewswire News Room·2025-02-12 03:30

Core Viewpoint - A securities class action lawsuit has been filed against FTAI Aviation Ltd. for failing to disclose material information, with a deadline for lead plaintiff applications set for March 18, 2025 [1][3]. Group 1: Lawsuit Details - The lawsuit alleges that FTAI and certain executives violated federal securities laws by not disclosing important information during the class period from July 23, 2024, to January 15, 2025 [1][3]. - The case is identified as Shannahan v. FTAI Aviation Ltd., et al., No. 25-cv-541 [5]. Group 2: Allegations Against FTAI - Muddy Waters Research reported that FTAI allegedly manipulated its financials by exaggerating its aftermarket aerospace business, misleading investors regarding sales, inflating EBITDA margins, and engaging in channel stuffing [4]. - Following the report, FTAI's stock price dropped over 24%, closing at $116.08 per share on January 15, 2025, with unusually high trading volume [4]. Group 3: Legal Representation - Kahn Swick & Foti, LLC, a boutique securities litigation law firm, is representing investors in this case, with a focus on recovering losses from corporate fraud [5].